Traders lose as Cryptocurrency market experiences pause after record rally
The cryptocurrency market witnessed a brief pause on Tuesday, following a remarkable rally that began after the U.S. election.Bitcoin, which had surged over 10% to reach $89,623 on Monday, dropped…
Senegal to resolve IMF credit crisis in June 2025
Senegal will have to wait until June to decide on its loan program with the International Monetary Fund which could lead to a new allocation of funds.The Finance Ministry did…
IPMAN pens new petrol lifting deal with Dangote
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached an agreement with Dangote Refinery to directly lift petroleum products, including premium motor spirit (PMS), diesel, and dual-purpose kerosene (DPK).…
South Africa unemployment rate plummets under new coalition government
South Africa's unemployment rate has dipped in the first three months of the its new coalition government, boosting investors' confidence.The unemployment rate dropped to 32.1% in the third quarter of…
Egypt unveils plans to raise entrepreneurship investment by $5 billion
Egypt's government has unveiled plans to significantly boost investments in entrepreneurship from $500 million to $5 billion. Prime Minister Mostafa Madbouly made this announcement on Monday during a meeting with…
Kenya’s new law to raise bar for foreign companies
The Kenyan Parliament is planning to raise the bar for foreign companies to do business in Kenya with proposals to amend the Securities and Exchange Commission Act.For example, a foreigner…
Japan announce plans to strengthen trade relations with Nigeria
Japan has announced its determination to strengthen trade relations with Nigeria after participating in the recent Lagos International Trade Fair.Japan Foreign Trade Association Director and Marketing Director Otoshi Okushi, in…
Nigeria’s new tax laws to exempt minimum wage earners
The Federal government of Nigeria has said its proposed tax laws will exempt minimum wage earners from paying the 'Pay as You Earn'' taxes. The proposed law is part of…
Algeria seek upstream investors with new onshore blocks
Algeria's National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) has announced six onshore conventional licensing opportunities to upstream investors.The licensing round is part of a five-year plan to attract…
PenCom to make micro pension scheme attractive with new incentives
The National Pension Board of Nigeria says it is working on plans to make micro pension schemes attractive to the self-employed and others in the informal sector.This was stated at…
